Client Transactions

Melio & Company advised The Cleveland Clinic Health System on the issuance of $100 million of Series 2014A Taxable Commercial Paper.

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In September 2014, on behalf of the Cleveland Clinic Health System, the Ohio Higher Education Facility Commission issued $100,000,000 of Series 2014A taxable commercial paper notes. The issuance was underwritten by J.P. Morgan.

The proceeds from the sale of the Series 2014A Commercial Paper Notes were used to (i) pay and reimburse costs of acquiring, constructing, renovating, equipping, furnishing and improving health care facilities owned by the Cleveland Clinic Health System and (ii) to pay amounts owing on maturing commercial paper notes.